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Dubai Duty Free cuts prices as post-Brexit pound hits sales

Airport retailer expects to boost revenue by 5% this year, driven by spending by Chinese travellers

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The government-controlled company, which operates at Dubai International Airport - the word's busiest by international traffic - posted a 3 per cent drop in sales to US$1.85 billion in 2016.

Dubai

DUBAI Duty Free cut prices after a weaker pound led to lower airport sales and expects to boost revenue by 5 per cent this year, driven by spending by Chinese travellers.

"We have been negotiating with our suppliers, a lot of whom we pay in dollars," the airport retailer's

sentifi.com

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